RE: SEC Chair Gary Gensler Will Regulate Crypto Trading Platforms

Regulation only ever means a gatekeeping system for the big guys to keep out challenging innovations from new upstarts. Regulation is about maintaining the status quo, not protecting the public or customers.

Did regulation of the financial markets and banks save us from the catastrophe of the 2008 world financial crisis?

Did regulation punish those responsible for the 2008 crisis?

Did regulation change the behaviour of the financial industry since then and prevent the current unfolding financial crisis?

The answer to these to questions is the same answer to the question, "Should crypto and it's service providers (exchanges ect.) should be regulated."

NO